Andrew Tate’s meme coin, Daddy, is now accepted for hotel, flight, and car rental bookings on Travala, following a court decision allowing Tate and his brother Tristan to travel across Europe.
Travala, a Binance-based platform, supports various cryptocurrencies, including Daddy, for booking services across over 2.2 million hotels worldwide.
This trend sees celebrities actively issuing and backing their own meme coins. Recently, figures like Davido, Caitlyn Jenner, and Iggy Azalea have launched their own coins on Solana.
Tate’s active involvement with Daddy token marks a new level of celebrity endorsement in the crypto world, highlighting the growing influence of meme coins.
Tate, arrested in December 2022 on charges of human trafficking and sexual exploitation, was placed under house arrest but is now permitted to travel within the EU.
He proclaimed his freedom on social media, emphasizing the collapse of the case against him, as he prepares for a global tour. The adoption of Daddy by Travala could pave the way for wider acceptance of such tokens, potentially influencing how cryptocurrencies are utilized in mainstream commerce.
Ethereum exchange-traded funds are gaining momentum, with recent inflows ranking among the top ten ever recorded.
Bitcoin’s breakout to a new all-time high above $118,000 has reignited momentum across the crypto market. While BTC itself saw nice gains several altcoins are riding the wave of renewed investor interest.
Ethereum surged 8.4% in the past 24 hours, reaching $3,010 as renewed interest in altcoins follows Bitcoin’s explosive rally.
Grayscale, one of the leading cryptocurrency asset managers, has unveiled its latest benchmark update structured around its Crypto Sectors framework.